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Panama and Uruguay with greatest per capita GDP increase in 2008/2012, says Latinvex

Wednesday, October 24th 2012 - 21:17 UTC
Full article 42 comments

Panama was the country with the greatest increase in per capita GDP in the last five years, followed by Uruguay, Peru, Dominican Republic and Chile according to a report from the digital publication Latinvex. Read full article

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  • Burn1938

    Just to highlight that Argentina was not included because of unreliable statistics !

    Oct 24th, 2012 - 09:28 pm - Link - Report abuse 0
  • ProRG_American

    This is good news. Latin America is growing as a whole.

    Just publish Argentina's figures. They are just fine. What does the IMF know?

    Oct 24th, 2012 - 09:28 pm - Link - Report abuse 0
  • Vectis

    Argentina has a insignificant GNP, but the inhabitants are rich because they are specialized on borrowing money and than defaulting IMF. Check back tomorrow as a new economic model is put in place to completely replace this one.

    Oct 24th, 2012 - 09:35 pm - Link - Report abuse 0
  • Uruguayan_And_Proud

    Yay Uruguay, this together with us combating inflation and hopefully us increasing household income will make us a better nation. Now what we have to do is fix the budget and tax policies and put more money into fixing roads, making the tousist destinations look better, advertising ourselfs more, and increasing our police force. That would make us a true Latin Power.

    Oct 24th, 2012 - 09:44 pm - Link - Report abuse 0
  • ProRG_American

    3 Vectis (#)
    You are delusional or living on the outer rings of Saturn.

    Oct 24th, 2012 - 10:09 pm - Link - Report abuse 0
  • Vectis

    At least i am not living in Argentinian or i would be deluding myself

    Oct 24th, 2012 - 10:16 pm - Link - Report abuse 0
  • Uruguayan_And_Proud

    Cant people that hate Argentina and the opposition talk about it in other Articles, were Argentina and their failing economy is the subject, rather then one in which the only mention of Argentina is the fact that they wont include their stats as they are unreliable. We should be talking about Uruguay and its succeeding economy and how, when Argentina falls, Uruguay will take bueno aires and other Northen Proviences and be a truue power in Sur America. :)

    Oct 24th, 2012 - 10:28 pm - Link - Report abuse 0
  • Condorito

    An interesting report in the Mercurio at the weekend showed that, if you take GDP / head on a regional basis, my region (Coquimbo) is about $9,000 = to Peru, whilst Antofagasta region is about $37,000 = to UK. Many here work in Antofa region and live here.

    It is like earning 1st work salary and having 3rd world living costs – it is no wonder so many are going consumer crazy.

    Oct 24th, 2012 - 10:50 pm - Link - Report abuse 0
  • ProRG_American

    7 Uruguayan_And_Proud (#)
    There is no reason for people on this site to hate Argentina. I bet there is not a single person in this site that has received a personal offense from Argentina. Most of them have never been outside of the UK, or North America, nor have they met or dealt with Argentines. Mostly everyone here is not affected by Argentina. What do they care if Argentine stats are unreliable or not. It does not affect their life. Who are they to give instructions to Argentina? They are just racists and Xenophobic and ignorant.
    This is a site where we should be respectful and learn from it. The British attitude is just as it is always, takes over the discussion, my way is the only way, if you don't agree than you are to be cursed at and annihilated. They just don't like to accept other sides to a story.
    Who told you that Argentina’s economy is failing? Unemployment is lower than in the USA, industry is expanding at 4% per month on average, local tourism increases on holidays year to year. Argentina has taken some drastic measures under a bleak world economic scenario in order to take care of its own on its own. Some American have told me that they wish that our Government would be as bold as CFK in protecting jobs and our economy.
    I don't understand why the heck people get so much heartburn over what CFK and the Argies do or don't do. If people don't like Argies don't waste time on the internet spitting fire and just getting ulcer over it. Get a life and live it.
    Another point I cannot understand is what people are gaining by supporting the Vulture funds. It's if they had some personal interest in supporting them, and most certainly none of them do.
    They are modern day thieves. They speculate on people’s misery. They do not care if the needy are deprived of food and medicine as long as they make money.
    They were offered a profit 100-400% on their investments and they refused it. They are greedy bastards and don’t deserve any respect nor support. They ar

    Oct 24th, 2012 - 11:04 pm - Link - Report abuse 0
  • Condorito

    9 ProRG
    What nonsense.
    There are more than just Brits and Argies on this site and I have never been insulted by a Brit, but I have been insulted by several Argies, not least suzzieUS and other pro Argie Americans.

    Oct 24th, 2012 - 11:11 pm - Link - Report abuse 0
  • briton

    10
    agreed
    suzzie and her co.names have been very insulting.

    Oct 24th, 2012 - 11:27 pm - Link - Report abuse 0
  • Uruguayan_And_Proud

    Argentinas inflation rate in around 30%, despite what your INDEC figures say. Soon Investors wont invest, companies will declare bankruptcy, and unemployment will rise. If Argentina does not pay its international debt its credit rating will stay horrible or get even worser. So when the crisis begins, you wont get any investors to invest in your country, and you will default again. And this time, Uruguay will get some much deserved land :) The reason they detained your flagship is because they want their money back, which they wasted in thinking you would pay them back plus more.

    Oct 24th, 2012 - 11:27 pm - Link - Report abuse 0
  • Guzz

    Don't worry my Argentinian brothers, you have Simon, we have this guy...

    Oct 24th, 2012 - 11:45 pm - Link - Report abuse 0
  • Uruguayan_And_Proud

    Whom?me? Well im quite honored to gain such attention. I have heard that you are a uruguayan yourself, living in colonia? Beautiful place, cant wait to go there this summer. Anyways, back on topic, what have i said so far that is further from the truth? Argentina inflation rate is around 30%, and if things continue to go down this bumpy road, it will have very bad outcomes. If argentina does not change their government, which i hope they dont, they will collapse. Maybe not now, maybe in a couple of months, but it will happen. Dont delude yourself mate, things must change in argentina.

    Oct 25th, 2012 - 12:01 am - Link - Report abuse 0
  • googer62

    @9 I bet there is not a single person in this site that has received a personal offense from Argentina. Most of them have never been outside of the UK, or North America, nor have they met or dealt with Argentines.

    Umm, yes I have. I was extremely offended when you invaded my country, took away my freedom and subjected us to 74 days of your version of life. I think it fairly safe to say that we took the offense extremely personally.

    Oct 25th, 2012 - 12:16 am - Link - Report abuse 0
  • Guzz

    14
    Don't you worry, it will. And not only in Argentina, the whole world will change.
    They lost control of the market. They figured it would choose them because of their good looks, but the market went for profit and went for China instead, imagine that.
    Add India, Russia, Brazil and South Africa, and you have a nice percentage of the world population demanding a life based on the best the market can offer.
    How much can this market offer? Where do we get the resources from to pay for all that?
    It's over mate, it's time to produce locally and sustainable. Old TV's lasted 20 years, today you need to change it 2 weeks after the guarantee expires, we have been heading the wrong direction for 20 years now, neo-liberalism is a failure and a direct threat to life on this planet.
    So things will change in Argentina, as they will in Denmark, the UK, USA and in our little Uruguay, watch and see...

    Oct 25th, 2012 - 12:44 am - Link - Report abuse 0
  • ChrisR

    I am a Brit living in Uruguay as many people on here know.

    I really, really wish I could be as enthused about the economy as Uruguayan_And_Proud.

    Although I am proud to be accepted by the marvellous people of Uruguay I become very frutrated for those people who have to give up their hard earned wages in overbearing rates of tax to support a massive non-productive government employee sector and monopolies headed by people of demonstrably no ability, experience or intellect (given the errors in judgement and downright cock-ups they keep making).

    The government initiatives usually (check them for yourselves) consist of managing to balance the books of ANCAP, UTE, OSE, et al by allowing them TO PUT UP PRICES! Never a thought of cutting costs, rationalizing the businesses to customer needs or any other inflation defeating actions to tackle the problems from within.

    I pay taxes in the UK on my pensions and here in Uruguay on my investments. I, like anyone else in the country who works in the private sector, cannot suddenly get an increase of 8% / 10% / 14% in my income as some of these monopolies can without even a cursory glance of any real interest from the respective minister, never mind a challenge as to why this should be.

    They are lauding over the economics of the madhouse with this collective attitude.

    Yes, the figures shown here are encouraging AND COMPLETELY OUT OF DATE.

    The government, at last, has woken up to the threat of rampant inflation, brought about in large part by their own inaction or deliberate head-in-the-sand attitude. The latest wheeze is the ‘agreement’ with the supermercardos to limit the inflation on a basket of 150 goods to 10% this year, when inflation is already over 8%. This will result in the removal of those items which exceed to limit so that both parties can claim a ‘victory’.

    Do they think we are daft? Or just dafter than they are if we fall for this nonsense?

    Oct 25th, 2012 - 01:01 am - Link - Report abuse 0
  • Uruguayan_And_Proud

    Of course change will happen, it always does. As the world adapts to this new global economy thing, things will change to better suit our countries. It isnt all over, the world is fine. but yes countries will start producing for themselfs, and selling the rest to the rest of the worls, thats how things will change. When domestic producers produce for the domestic demand, then our economies will get better. uruguay will change for the better, Argentina probally for the worst.

    Oct 25th, 2012 - 01:05 am - Link - Report abuse 0
  • uruk

    @17
    I couldn't have said it better.

    Oct 25th, 2012 - 01:37 am - Link - Report abuse 0
  • mastershakejb

    I was living in Uruguay before. Wonderful people, honestly some of the best people in existence, maybe only rivaled by New Zealand for good, kind, down to earth people.
    But what Chris is saying is right. There are a lot of problems, but really all of them stem from government being too soft handed. They really only need to do two things: cut a TON of government spending, and increase security/jail sentences extensively. With those changes, Uruguay could continue growing, and grow more healthily than they have, for decades more to come. Wonderful country but the gov budget and insecurity have gotten out of hand......oh and Mujica needs to get on TV, in front of all Uruguay, Argentina, and the world, and tell Cristina “Go fuck yourself!”

    Oct 25th, 2012 - 10:00 am - Link - Report abuse 0
  • Vectis

    If Cfk thinks that by manipulating government figures is a good way to attract investment then she has got it very wrong. I can only see things getting worse if the market is not given some freedom to operate and investors the choice of where to invest.

    Oct 25th, 2012 - 11:20 am - Link - Report abuse 0
  • Hook

    16@ Guzz, you're talking like the next green revolution will start from Argentina(let me laugh).. and like this current model is something good for the environment and nature...you're so deluded, so badly in a wrong track again, look at these links for example:

    http://www.argentinaindependent.com/socialissues/environment/beyond-the-amazon-deforestation-in-argentina/

    http://www.argentinaindependent.com/socialissues/environment/beyond-the-amazon-deforestation-in-argentina/

    only 30% of Argentina's original forest exists and now they are destroying more and more to plant soybeans. CFK only cares about power.

    Oct 25th, 2012 - 12:19 pm - Link - Report abuse 0
  • Guzz

    Argentina is forced to dealwith the market as it is. The market is changing though, and I think Argentinas protectionism is good for the local production and to reduce the transportation emissions that comes with a globalized market. I might disagree with Argentina on a number of issues, and I do, but for you to spit out fascist and utterly stupid comments in a clearly British site that has no other agenda than to divide and conquer, makes me think you are eaither a British tax evader or a fallen oligarch. Either way, you are done for. Accept the new world order, or just swallow, you choose.

    Oct 25th, 2012 - 01:03 pm - Link - Report abuse 0
  • Hook

    23@ you're just a commie, you don't care about nature. I respect the green people, they want to protect the nature with no profits. You commies only want to destroy and steal the money from rich.

    Oct 25th, 2012 - 02:59 pm - Link - Report abuse 0
  • Guzz

    Hook
    I take your opinions, write them down on a piece of paper, only to wipe my arse with it, should I run out of toilet paper.
    The only thing that matters is that you can't divide us.
    Nunca mas, you hear me, tax evading little fascist? Nunca mas!!

    Oct 25th, 2012 - 04:40 pm - Link - Report abuse 0
  • Hook

    25@ do us all a favor and kill yourself

    Oct 25th, 2012 - 04:56 pm - Link - Report abuse 0
  • Ayayay

    Good job Condorito and Uruguayan & proud!!

    @9, you're comparing a subregion to a region. The proper comparison is the United States to the UNASUR.

    The funemployment numbers in my U.S. subregion are LOWER than the UNASUR subregion of Argentina. And it's a long-view, decades-long lowerness, too.

    Yeay again for your increase in abundance, guys!

    Oct 26th, 2012 - 01:22 am - Link - Report abuse 0
  • Guzz

    27
    All “your” multinationals starting to produce in “our” region will make that difference go away a lot quicker than you think...
    Besides, we have time ;)

    Oct 26th, 2012 - 06:34 am - Link - Report abuse 0
  • Uruguayan_And_Proud

    But how much time? if Argentina keeps going the way it is, not much. Uruguay of course has much more as its credit rating is good, so it will delay an economic crisis. Also we are developing faster than our inflation is. The same cannot be said for Argentina. They need to change their ways, and pay off their debt, or it will be too much to handle.

    Oct 26th, 2012 - 04:35 pm - Link - Report abuse 0
  • Guzz

    29
    You lot (yes, you are one of “them”) cried when Argentina refused to pay. Argentina has paid an enormous amount of money over the last years to honour its default. That makes you cry even harder...

    Oct 26th, 2012 - 05:19 pm - Link - Report abuse 0
  • ChrisR

    @30 Guzz

    May I ask you a few personal questions, I will understand if you refuse? It is only a small list. :o)

    Are your parents still alive?

    Do they know how you support AG to the detriment of Uruguay?

    What have they said about that?

    Thanks, Chris.

    Oct 26th, 2012 - 07:29 pm - Link - Report abuse 0
  • Guzz

    31
    1. Yes, they are
    2. Trick question
    3. Lead-trick question

    Rephrase

    Oct 26th, 2012 - 08:26 pm - Link - Report abuse 0
  • ChrisR

    32 Guzz

    I am pleased for you that your parents are still alive. Obviously, and sadly for me, mine have been dead for some while now.

    I really cannot see how 2 &3 are trick questions.

    All I wanted was to know if your parents know about this frankly skewed view of yours of AG and what they think about it?

    Do they support it for instance, or do they have another viewpoint? That was all.

    You see, I find it incomprehensible that they would agree with you given their history. But I could be mistaken; people often change as they get older. :o)

    If you do not want to disclose this on this open forum I fully understand.

    Oct 26th, 2012 - 09:30 pm - Link - Report abuse 0
  • Guzz

    33
    “All I wanted was to know if your parents know about this frankly skewed view of yours of AG and what they think about it?”

    Come on Chris, you are wasting your time... Rephrase

    Oct 26th, 2012 - 09:35 pm - Link - Report abuse 0
  • ChrisR

    @34 Guzz

    No, it's OK, I know when I am being played for a sucker.

    Oct 27th, 2012 - 03:50 pm - Link - Report abuse 0
  • Guzz

    I wasn't. Your question is wrong. Put like that, you are asking me what my parents thinks of my, according to you, skewed views. Let me show you;

    What did your parents think of you being a fascist pig in your younger days?

    Oct 27th, 2012 - 04:38 pm - Link - Report abuse 0
  • ChrisR

    @36 Guzz

    Just for you, here’s a list:

    1) Trick question

    Rephrase

    Oct 27th, 2012 - 07:38 pm - Link - Report abuse 0
  • Guzz

    Lol Chris

    Oct 27th, 2012 - 08:15 pm - Link - Report abuse 0
  • redpoll

    Uruguay to take over Buenos Aires and the northern provinces? No way thanks. May have been Artigas dream of the Patria Grande and we get on just fine with most of the people of the northern provinces. But thier politicians ? no thanks very much. It might be a nice gesture for Argentina to return Isla Martin Garcia to us though

    Oct 28th, 2012 - 07:46 pm - Link - Report abuse 0
  • Uruguayan_And_Proud

    @39
    Think about it. uruguay finally has the plata to itself, and it has the fertile land of the northern provinces. The bueno aires provinces is almost as big as uruguay, making us twice as large. We will have¨the true landmass we deserve. Of course this cant be done under pepes leadership, the old idiot will not see the potencial in it. But under some young, smart, with a passion for turning uruguay into a true power, can. Hope we can find someone like that eventually.

    Nov 01st, 2012 - 01:27 pm - Link - Report abuse 0
  • redpoll

    No @39. Thats a fantasy. If it ever happened the provinces would have to have a referendum on whether to secede from Argentina and another simultaneously in ROU to see if we want them! I think our little paisito is quite happy as we are without dreams of grandeur. Interesting that Pepe is now encouraging Brazilian workers to migrate here (not Argentinos) to fill the vacancies in the labour market

    Nov 01st, 2012 - 03:49 pm - Link - Report abuse 0
  • Uruguayan_And_Proud

    Of course it is a fantasy, a fantasy that can become reality. If Argentina fails economically and politically, than there provinces are free to do what they want. Of course they would have to speak with us, but it would benefit us both if they join. We would get access to their arable land, thus increasing our crop output. They would get access to the more substainable uruguayan peso, thus increasing how many people invest in them. I dont think we are happy. the roads are awful, they need to be fixed, but that wont happen will it? the houses and other buildings in some ares are also awful. i see people using 1 or 2 floors when their apartment has like 5. That is a good thing about what he is doing, but hopefully the people who come arent the poor,useless(sorry to say)brazilians,but the ones that are smart, and will bring new things to our country. My personal opinion though is that the way foward is to get pepe out of office, and replace him with someone better, and will know what to do with our country.

    Nov 01st, 2012 - 04:26 pm - Link - Report abuse 0

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